In an interview with National Public Radio (NPR), FOMC Chairman Jerome Powell noted that the economic outlook improved recently with the vaccine rollout and additional fiscal support, as reported by Reuters. Key takeaways “As the economy recovers and make substantial further progress toward our goals we will roll back bond purchases.” “Process will take place with the greatest transparency.” “We are strongly committed to inflation that averages 2% over time.” “Level of debt today is not unsustainable, no question of US being able to service its debt right now.” “Climate change is an important issue we will be dealing with for a long time with significant economic implications.” “Fed does have a role to play in this, a narrow but important set of responsibilities around bank regulation.” “All of the large and medium-sized banks are already asking themselves these questions.” “Not our job to tell banks which legal businesses to lend to or not.” “Asked about diversity inside the fed, says we’re not at all satisfied with results of diversity efforts.” Market reaction The US Dollar Index showed no immediate reaction to these comments and was last seen posting small daily gains at 92.60. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next When are the US Initial Jobless Claims and how could they affect EUR/USD? FX Street 1 year In an interview with National Public Radio (NPR), FOMC Chairman Jerome Powell noted that the economic outlook improved recently with the vaccine rollout and additional fiscal support, as reported by Reuters. Key takeaways "As the economy recovers and make substantial further progress toward our goals we will roll back bond purchases." "Process will take place with the greatest transparency." "We are strongly committed to inflation that averages 2% over time." "Level of debt today is not unsustainable, no question of US being able to service its debt right now." "Climate change is an important issue we will be dealing with… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.